YieldMax Gold Miners Option Income Strategy ETF (NYSEARCA:GDXY) Stock Short Interest Report for October

YieldMax Gold Miners Option Income Strategy ETF (NYSEARCA:GDXY) saw a large decline in short interest during the month of October. As of October 15th, there was short interest totaling 198,042 shares, a decline of 38.6% from the September 30th total of 322,307 shares. Currently, 0.7% of the shares of the stock are short sold. Based on an average daily volume of 798,700 shares, the days-to-cover ratio is currently 0.2 days.

Institutional Inflows and Outflows

A hedge fund recently bought a new stake in YieldMax Gold Miners Option Income Strategy ETF stock. Legacy Wealth Management LLC MS purchased a new stake in YieldMax Gold Miners Option Income Strategy ETF (NYSEARCA:GDXY) in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor purchased 37,980 shares of the company’s stock, valued at approximately $383,000. Legacy Wealth Management LLC MS owned about 0.13% of YieldMax Gold Miners Option Income Strategy ETF as of its most recent filing with the Securities and Exchange Commission.

YieldMax Gold Miners Option Income Strategy ETF Trading Down 5.2%

GDXY stock opened at $8.67 on Friday. The company has a 50 day simple moving average of $10.45 and a 200 day simple moving average of $12.60. YieldMax Gold Miners Option Income Strategy ETF has a 1 year low of $8.53 and a 1 year high of $18.89.

About YieldMax Gold Miners Option Income Strategy ETF

The YieldMax Gold Miners Option Income Strategy ETF (GDXY) is an exchange-traded fund that mostly invests in materials equity. The fund seeks to provide current income and capped gains on the VanEck Gold Miners ETF (GDX) through a synthetic covered call strategy, collateralized by cash and US Treasurys. The actively managed fund uses both standardized exchange-traded and FLEX options. GDXY was launched on May 20, 2024 and is issued by YieldMax.